Market Overview - US stock index futures are all up ahead of the market opening, with Dow futures rising by 0.24%, S&P 500 futures up by 0.87%, and Nasdaq futures increasing by 1.43% [1] - European indices are down, with Germany's DAX down by 0.47%, UK's FTSE 100 down by 0.32%, France's CAC40 down by 0.26%, and the Euro Stoxx 50 down by 0.34% [2][3] - WTI crude oil prices fell by 0.38% to $60.34 per barrel, while Brent crude oil dropped by 0.40% to $64.11 per barrel [4] Economic Events - The US stock market will enter winter time next week, adjusting trading hours, with pre-market trading from 5:00 PM to 10:30 PM Beijing time and regular trading from 10:30 PM to 5:00 AM Beijing time [4] Trade Relations - US Treasury Secretary stated that the US-China trade agreement could be signed as early as next week, with both sides agreeing to enhance economic cooperation [5] Corporate Earnings - ExxonMobil reported Q3 adjusted profits of $8.1 billion, exceeding analyst expectations, driven by increased production in Guyana and the Permian Basin [7] - Chevron's Q3 net profit was approximately $3.6 billion, a 20% year-over-year decline, but adjusted earnings per share surpassed expectations at $1.85 [8] - Apple reported Q4 earnings of $102.5 billion, a 7.9% year-over-year increase, with earnings per share of $1.85, exceeding analyst forecasts [9] - Western Digital's Q3 revenue grew by 27.4% to $2.82 billion, surpassing expectations, with adjusted earnings per share of $1.78 [10] - Amazon's Q3 net sales increased by 13% to $180.2 billion, with AWS sales growing by 20%, marking the fastest growth in three years [11] - Vale's Q3 revenue rose by 9% to $10.42 billion, with net profit increasing by 78% to $2.744 billion, exceeding analyst expectations [12] Strategic Partnerships - NVIDIA announced collaborations with Samsung, SK Group, and Hyundai to build AI factories in South Korea, supplying over 260,000 accelerator chips [13] - Nokia's stock surged after NVIDIA agreed to invest $1 billion, positioning Nokia as a key player in the European AI sector [14]

Core Viewpoint - OPEC plus is expected to discuss a small output increase for December, with a potential increase of 137,000 barrels per day, although actual market impact may be less due to maxed-out production capacities among members [1][2]. Group 1: OPEC Plus Meeting Insights - The anticipated increase in production for December is similar to previous months, but the actual barrels coming to market may be only half of the headline figure due to limited spare capacity, primarily in Saudi Arabia [2]. - Market concerns are heightened regarding oil supply, particularly with potential contributions from Saudi Arabia and the UAE, alongside the implications of U.S. sanctions on Russian oil producers [3][4]. Group 2: Sanctions and Geopolitical Factors - The enforcement of U.S. sanctions on Russian oil producers is a critical factor, with OPEC likely adopting a cautious approach until the seriousness of these sanctions is clarified [5][12]. - The military buildup in Venezuela and its implications for U.S. foreign policy are also significant, as it raises questions about potential regime change operations [7][8]. Group 3: Market Dynamics and Price Predictions - Analysts are divided on future oil supply, with some predicting oversupply in early next year due to increased production from countries like Guyana, while others highlight strong demand driven by Chinese strategic petroleum reserve purchases [10][11]. - The enforcement of sanctions could lead to a significant supply outage from Russia, potentially affecting 1 to 1.5 million barrels, depending on U.S. actions [12][13].

美国油气巨头雪佛龙公司(CVX.US)在将以530亿美元收购同行赫斯公司带来的利润首次完成并表之后，大幅提升了 石油产量和自身现金流，从而在这一轮原油价格长期疲软的周期中实现了盈利数据超出预期，并且公司现金流来到 重大的扩张拐点。 财报数据显示，雪佛龙Q3营收为497.3亿美元，同比下降1.9%，较预期高出23.1亿美元。净利润约为36亿美元，同 比下降20%，但是雪佛龙经调整的第三季度每股收益为1.85美元，超过华尔街分析师们平均预期的1.66美元。这家 美国油气霸主与其最大规模竞争对手之一——来自欧洲的竞争对手壳牌，均公布了强于预期的业绩，另一美国能源 巨头埃克森美孚也公布了强于预期的利润。 随着欧佩克及其盟友持续增加石油供应，国际原油基准——布伦特原油价格正朝着五年来最大年度跌幅的方向发 展，这种持续增产带来的"供应过剩预期"以及油价疲软，可谓大幅削弱了石油行业在新冠疫情之后获得的丰厚利润 以及美国总统唐纳德.特朗普的亲传统能源行业监管体制的光环。 低油价、高波动性以及对地球储量有限的化石燃料未来的担忧情绪意味着，尽管美国已成为世界最大规模的石油和 天然气生产国，能源板块在标普500指数中的权重如今仍不 ...

Core Insights - Chevron reported quarterly earnings of $1.85 per share, exceeding the Zacks Consensus Estimate of $1.66 per share, but down from $2.51 per share a year ago, indicating an earnings surprise of +11.45% [1][2] - The company generated revenues of $49.73 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 7.19% and down from $50.67 billion year-over-year [2] - Chevron has surpassed consensus EPS estimates three times over the last four quarters, but has only topped revenue estimates once in the same period [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.54 on revenues of $53.54 billion, while the estimate for the current fiscal year is $7.18 on revenues of $194.28 billion [7] - The trend of estimate revisions for Chevron was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6] Industry Context - The Oil and Gas - Integrated - International industry, to which Chevron belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Chevron's CFO says there’s a risk the oil-price slump persists into next year https://t.co/kRdbsy85ie ...

Exxon Mobil and Chevron, two of the world's largest oil producers, reported weaker third-quarter results on Friday as lower crude prices and rising expenses dented profitability. Despite the downturn,... ...

Markets are in the midst of the busiest week for third quarter earnings, with results from several Big Tech companies highlighting the calendar. So far, the earnings season is off to a positive start. As of Oct. 24, 29% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting a 9.2% jump in earnings per share during the third quarter. If that figure holds, it would mark the ninth straight quarter of positive earnings growth but a deceleration from the 12% earnings ...

(本文来自第一财经) 雪佛龙披露，第三季度营收及其他收入497.3亿美元；第三季度调整后每股收益1.85美元。雪佛龙盘前现 涨0.4%。 ...

Core Insights - Exxon Mobil reported a strong third-quarter performance with earnings of $7.55 billion, or $1.76 per share, compared to $8.61 billion, or $1.92 per share, in the same period last year [1] - Adjusted earnings were $1.88 per share, exceeding Wall Street's expectation of $1.81 per share, while revenue was $85.29 billion, falling short of the projected $86.77 billion [2] - Third-quarter net production reached 4.7 million oil-equivalent barrels per day, an increase of 1.1 million oil-equivalent barrels per day from the second quarter, with Guyana production exceeding 700,000 barrels per day and the Permian Basin achieving a record of almost 1.7 million oil-equivalent barrels per day [3] Company Performance - Exxon's earnings surpassed Wall Street expectations, while Chevron reported third-quarter earnings of $3.54 billion, or $1.82 per share, with adjusted earnings of $1.85 per share [3][4] - Chevron's revenue was $49.73 billion, which was below Wall Street's estimate of $53.58 billion [4] Oil Market Dynamics - Oil prices spiked following the U.S. announcement of new sanctions on Russia's oil industry, aimed at pressuring President Putin to negotiate regarding the war in Ukraine [5] - Oil prices had been relatively low, with U.S. benchmark crude falling below $57 per barrel in mid-October, although it had risen to nearly $79 earlier in the year [6] - The stabilization of oil and gas prices at lower levels this year is attributed to OPEC+ actions, which included a small increase in oil production by 137,000 barrels per day starting in November [7]

Let's take a look very quickly at uh shares of Chevron. That company just reporting its earnings and they did come in at a better than expected number. A $185 a share on an adjusted basis.That's 15 cents better than expectations. Revenue of 49.7% billion also coming in ahead of expectations. And the company says that it saw record production both in the United States and globally.Um I spoke with the CEO Mike Worth and talked a little bit about what these numbers mean, what he's seeing. He was talking about ...